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Strategic Strong Trader on Central Coast. 10 Year Company...

161 The Entrance Road, ERINA NSW, 2250

Sold

Property Sold in 161 The Entrance Road, ERINA NSW, 2250

Burgess Rawson Sydney

Level 18, 15 Castlereagh Street, Sydney, NSW 2000

Listing ID:
11133963
Status:
Sold
Price:
$6,570,000
Last Updated:
23/07/2016
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Property Type

Retail
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Land Area

1 SQM
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Floor Area

1 SQM
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Parking

N/A

Strategic Strong Trader on Central Coast. 10 Year Company Lease to 2023 Plus Options.

Secure 10 year lease to Caltex Petroleum Pty Ltd to September 2023 plus options extending to 2043.
Established and thriving Caltex Woolworths service station including convenience store and ANZ Bank ATM.
Rent paid yearly in advance.
Net lease with tenant paying outgoings as per lease.
Annual CPI rent increases.
Caltex, Petroleum giant brand, top 50 ASX publicly listed company, the leading transport fuel supplier and convenience retailer in Australia.
One of the Central Coast's busiest service stations with massive main road exposure.
High traffic volume of 46,000 cars daily (Source: RMS 2012).
Close to Red Rooster, Bunnings, Kennards, Bob Jane T-Mart.
Easily managed single tenant investment.
Net Income: $372,732 pa + GST.

Auction 11am AEDT Tuesday 8 December
Sofitel Wentworth Hotel, Sydney

For more details, please email agent

Burgess Rawson Sydney

Level 18, 15 Castlereagh Street, Sydney, NSW 2000


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